Qantas moved 34.5% of international pax in 2002, 28.3% in 2007 and 18.1% in 2012. (BITRE stats)
JQ moved 3.1% of international pax in 2007, and 8.1% in 2012. (BITRE stats)
From that, qantas international is dying quickly, even if you factor in JQ's international flying in/out of Australia.
The ensuing 5 years will be turbulent for QF no matter what angle you look at it from. The clear losers, apart from shareholders (majority being our banks/super funds), will be staff.
Historically speaking, it'll be engineering and catering who will be hit.
I think engineering will continue to be 'consolidated' right up to the expiry date of the five year transformation plan. So if you're an engineer, you're the biggest loser and are walking targets.
Other dept's will decrease in size from normal attrition and mitigation measures in place.
Will QF mainline fly internationally for the next 50 years? Yes, only to close-in hubs with partners or subsidiaries flying customers the rest of the way (and no doubt laughing all the way to the bank afterward - time will tell). Our domestic business remains super robust! Thank you resources industry and FF program.
Last edited by MooseKnuckle; 22nd Feb 2013 at 01:45.